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Sold for $5,450,000 on 12/13/24
  • Listing Provided by: 

    Woody Stahl DRE #01399621 broker@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with: Marcus & Millichap
    $5,450,000

    1625 E Maple Ave, El Segundo, CA 90245

    24beds
    24baths
    13,458sqft
    Mixed Use
    Built in 1969
    -- sqft lot
    $5,360,000 Zestimate®
    $405/sqft
    $-- Estimated rent

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    Est. payment

    What's special

    1625 Maple Ave is a well-maintained 12-unit apartment building located in the desirable El Segundo submarket. This property offers an excellent unit mix of (12) 2-bed/2-bath units, several of which have been remodeled over the years to maintain modern standards. The two-story building spans 13,458 square feet on an 11,427 square foot lot, providing ample living space and essential amenities. With a CAP Rate of 4.23%, an attractive price per square foot of $412, and a price per unit of $462,500, this property represents a compelling financial investment opportunity. The building includes a parking garage with space for 24 cars and a shared laundry room for tenant convenience. Situated in the highly-regarded El Segundo Unified School District, 1625 Maple Ave holds appeal for families and professionals alike. Its prime location offers easy access to vibrant downtown El Segundo, with a variety of restaurants, shops, and entertainment options nearby. Additionally, the property is less than a 10-minute drive from the beach and LAX, offering residents excellent accessibility to major attractions and transportation hubs.

    Zillow last checked: 7 hours ago

    Listing updated: December 18, 2024 at 09:48pm

    Listing Provided by:

    Woody Stahl DRE #01399621 broker@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Jonathan Weir, DRE #02038545

    Marcus & Millichap

    Source: CRMLS,MLS#: PW24168346MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 24
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 13,458
    • Total interior livable area: 13,458 sqft

    Property

    Parking
    • Total spaces: 24
    • Parking features: Garage
    • Garage spaces: 24
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.26 Acres
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 4139017011
    • Zoning: ESR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park
    Location
    • Region: El Segundo

    Other

    Other facts
    • Listing terms: Conventional
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    Estimated market value
    $5,360,000